Search Results for: Amazon.com Inc
Apple in the Dock: $1 Billion Antitrust Claim Casts Steve Jobs as Conspirator
December 2nd, 2014
In 2005, Mariah Carey had the number one single, “Grey’s Anatomy” was among the hottest shows on television, and Steve Jobs, and Apple Inc.’s iPod, were king. Customers of rival music players marred this shiny prospect for Apple and ...
Amazon to face EU investigation over Luxembourg tax deal
October 7th, 2014
The European Commission is set to begin a formal probe into allegations that Luxembourg allowed Amazon.com Inc to benefit illegally from state subsidies for its European operations for almost 10 years, the Financial Times reported on Monday. The investigation ...
Alibaba raises IPO as demand strengthens
September 16th, 2014
Alibaba Group Holdings has raised its initial public offering to $66 to $68, demonstrating the high demand from investors for the year’s most anticipated debut and potentially the world’s largest-ever IPO. Alibaba has attracted investors willing to buy into ...
Amazon snaps up live video startup Twitch for $970 million
August 26th, 2014
Amazon.com Inc snapped up live-streaming gaming network Twitch Interactive for about $970 million in cash, reflecting Chief Executive Officer Jeff Bezos’ resolve to transform Amazon into an Internet destination beyond its core retail operations. The move, announced by the ...
Microsoft Cloud Service Azure Experienced Global Outage
August 19th, 2014
Microsoft Corp. (MSFT)’s Azure cloud-computing service, a critical part of Chief Executive Officer Satya Nadella’s plan to remake the software company, experienced a major global outage yesterday that lasted for around five hours. Azure, which lets businesses access computing ...
Alibaba in Talks to Invest in Snapchat
July 31st, 2014
Snapchat Inc. has held preliminary talks with Chinese e-commerce giant Alibaba Group Holdings Ltd. to raise a new round of financing that could value the mobile-messaging startup at about $10 billion, according to people familiar with the matter. The ...
Amazon to invest $2 billion more in India
July 30th, 2014
Amazon.com Inc (AMZN.O) announced that is planning to invest a further $2 billion in India just a day after the country’s largest e-tailer Flipkart attracted $1 billion of fresh funds, raising the stakes in a nascent but fast-growing e-commerce ...
European Stocks Advance With Asia as Gold, Oil Retreat
July 14th, 2014
European and Asian stocks advanced with U.S. equity-index futures after a gauge of global shares suffered its biggest weekly loss in three months. Gold fell from a four-month high, corn slid a 10th day and oil dropped as the ...
Alibaba’s Behemoth IPO Making Few Ripples in Washington
July 11th, 2014
Alibaba Group Holding Ltd. (BABA)’s proposal for what could be the largest initial stock offering in U.S. history is sailing through Washington with few bumps. While a federal commission has warned that the offering by the world’s biggest Internet ...
Hackers to Sell Stolen Credit Cards on Youtube
June 17th, 2014
A review of content on Google Inc. (GOOG)’s YouTube service turned up dozens of videos selling stolen credit card data, according to an Internet-safety research group trying to shed more light on an $18 billion illicit industry. The group, ...
